FRANKFORT, Ky. (AP) - A legislative committee has approved a proposal to allow more gambling at Kentucky horse tracks.
The thumbs up from the House Licensing and Occupations Committee is only the first step in the legislative process. House Speaker Greg Stumbo said Thursday the legislation doesn't have enough support at this point to survive a floor vote.
Stumbo said the plan now is to send the legislation to the House Appropriations and Revenue Committee for further consideration.
The proposal calls for allowing video gambling terminals at seven horse tracks. Stumbo said the move could generate up to $340 million a year for the state by taxing the gambling revenues.
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